-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...

-Lack of bounce and break below 1178 suggests we’ll likely visit 1105 and possibly 956 The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower ...

From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...

The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...

Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...

Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...

Bitcoin's (BTC) resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise. According to ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

However, the recent downturn serves as a cautionary tale about the volatility inherent in tech stocks, particularly those linked to high-profile partnerships. To provide clarity amid this uncertainty, ...

To make sense of this tumultuous market behavior, we turn to Elliott Wave theory, which suggests that stock prices move in predictable patterns. In Oracle's case, the stock's decline from $346 to $181 ...